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perpetual inventory count omitted

Former userFormer user5y ago

[Content removed at user request]

KimKimTutor5y ago#1
As i have tried to explain to you before e.g. here https://opentuition.com/topic/perpetual-inventory-count-3 - the process is a control - if a test count is omitted during the year that does NOT mean that the item is excluded from the inventory records that are used for the y/e inventory valuation.
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